allJesse helped us to use the equity in our home to do some landscaping, build a fence and pay for our daughter's education. Even with a very low credit scores, he was able to give us a good mortgage rate. After 2 years our credit had improved and Jesse got us approved with a traditional bank and got us the lowest 5 year fixed rate in Canada. We are very impressed with his knowledge and services.

Private Lenders Vaughan

Private lenders in Vaughan mostly offer private mortgage loans using mortgage agents. To get approved by a private lender in Vaughan a person needs to have a fair amount of equity in their home or a big down payment (if purchasing). Private lenders who lend in Vaughan will usually provide short-term mortgage financing for 1 or 2 years until the person can be approved by a bank, etc. Most private lenders will borrow up to 75% of the value of the property being used as security if the property is located within a major city(private mortgages will usually not exceed 75% of the value of the property unless the property is located in a city with a population of over 450,000). Private mortgage lenders normally prefer to provide financing for properties which are located within city limits however some private lenders will borrow in small towns or rural areas as well. The lender may only borrow between 50 to 65% of the value of the property when financing outside of the city especially in very rural areas.

Private lenders focus on the equity of the property instead of focusing on a person’s credit history, income, etc. This is why private mortgage financing is also known as equity lending. Getting a private mortgage can be very beneficial and crucial in some situations. Private financing is often used to pay off judgements against property, settle income taxes owed, stop foreclosures, pay off major collections, renew mortgages, pay estate settlements, complete commercial projects, and more. If you’re looking for any kind of mortgage financing I would be happy to help you by answering any of your questions, analysing your situation and then providing you with the best options for your situation. I’m here to help you and your business is important to me. Please do not hesitate to contact my office anytime at 1(888)878-4660 or please fill out the very short application form above my website. This will allow me to start analysing your scenario and get back to you as soon as possible. Thank you very much for considering my services and I look forward to helping you soon!

*Award is for 2015-2016 Top Canadian Mortgage Team within Mortgage Intelligence organisation. Award is given by Mortgage Intelligence and for Top Canadian Mortgage Team within Mortgage Intelligence Company / Organization. Award category is "Team with 20 mortgage brokers / agents or less."